Canada

CICA: Canadian Institute of Chartered Accountants
An overview of the Canadian Institute of Chartered Accountants, including its history, roles, importance in the accounting profession, and its impact on financial reporting standards in Canada.
Registered Retirement Income Fund: Retirement Income in Canada
A comprehensive overview of Registered Retirement Income Funds (RRIFs), a type of retirement account in Canada from which individuals can withdraw income after retirement.
RRSP: Regular RRSP Withdrawals are Taxable as Income in the Year They are Withdrawn
Registered Retirement Savings Plans (RRSP) are crucial for Canadians planning for their retirement. This article explores the structure, benefits, and tax implications of RRSPs.
RRSP vs LIRA: Key Differences and Uses
Detailed comparison and analysis of Registered Retirement Savings Plans (RRSPs) and Locked-In Retirement Accounts (LIRAs), two major Canadian retirement savings vehicles.
TFSA: Tax-Free Savings Account
A Tax-Free Savings Account (TFSA) is a Canadian savings vehicle that offers tax-free withdrawals and contributions. It is designed to help Canadians save money with the benefit of tax-free growth.
Toronto Stock Exchange: A Comprehensive Overview
An in-depth exploration of the Toronto Stock Exchange, including its history, operations, key indices, significance, and more.
Toronto Stock Exchange (TSX): The Largest Stock Exchange in Canada by Market Capitalization
The Toronto Stock Exchange (TSX) is the largest stock exchange in Canada by market capitalization. It serves as a marketplace for the buying and selling of securities for Canadian and international companies.
TSX Venture Exchange: The Hub for Emerging Companies
The TSX Venture Exchange (TSXV) is a Canadian stock exchange that serves as a significant platform for early-stage companies, facilitating capital raising and growth.
Montreal Exchange: Canada's Premier Derivatives Exchange
An extensive overview of the Montreal Exchange, Canada's oldest stock exchange specializing in stocks, bonds, futures, and options trading.
Rollover Loan: Special Mortgage Type with Adjustable Interest Rates
A detailed explanation of Rollover Loans, a type of mortgage loan commonly used in Canada, that blends long-term amortization with short-term adjustable interest rates.
Deferred Profit Sharing Plan (DPSP): Employer-Sponsored Retirement Plans in Canada
A comprehensive guide to the features, benefits, and workings of Deferred Profit Sharing Plans (DPSPs) offered by employers in Canada, including contributions, eligibility, and taxation.
Locked-in Retirement Account (LIRA): Definition, Mechanics, and Regulations
Comprehensive guide to Locked-in Retirement Accounts (LIRA) in Canada, covering definition, mechanics, regulations, transfer rules, and frequently asked questions.
Oil Sands: Definition, Extraction, and Global Presence
Detailed Analysis of Oil Sands: Locations in Canada, Venezuela, Kazakhstan, and Russia; Extraction Methods; Environmental Impact; and Economic Significance
Ontario Securities Commission (OSC): Responsibilities and Limitations
An in-depth exploration of the Ontario Securities Commission (OSC), its role in enforcing securities laws in Ontario, its responsibilities, limitations, historical context, and significance in the financial regulatory landscape.
Office of the Superintendent of Financial Institutions (OSFI): Comprehensive Overview and Definition
Discover an in-depth explanation and analysis of the Office of the Superintendent of Financial Institutions (OSFI). Learn about its role, functions, historical context, and significance in regulating Canada's banking system.
Tax-Free Savings Account (TFSA): Comprehensive Guide and Calculation Methods
A detailed exploration of the Tax-Free Savings Account (TFSA) in Canada, including its definition, benefits, eligibility, contribution limits, and calculation methods. Learn how to maximize your savings and investment strategies using TFSA.

Finance Dictionary Pro

Our mission is to empower you with the tools and knowledge you need to make informed decisions, understand intricate financial concepts, and stay ahead in an ever-evolving market.